VKF_FRAE_2017

47 VakıfBank Annual Report 2017 There was a rising trend in the capital adequacy ratio of the sector in 2017. The ratio, which was 15.6% at the end of 2016, rose to 16.9% in 2017. The continued albeit slower rise in profitability, and the high loan allocation under the CGF scheme were decisive in the increase seen in CAR in 2017. Capital Adequacy Ratio As of end-2017, the capital adequacy ratio of the sector stood at 16.9%. 16.9% Rising credit allocation due to the CGF scheme was a decisive factor driving up the capital adequacy ratio in 2017. CAPITAL ADEQUACY RATIO (CAR) Source: BRSA 7 12 22 17 Dec.06 Dec.07 Dec.08 Dec.09 Dec.10 Dec.11 Dec.12 Dec.13 Dec.14 Dec.15 Dec.16 Dec.17 Target Rate Legal Threshold